Egypt backs Lagarde for IMF top job
Foreign Minister Nabil al-Arabi on Sunday announced Egypt's support for French Finance Minister Christine Lagarde's bid to head the International Monetary Fund."The Egyptian government supports the candidacy of French Finance Minister Christine Lagarde for the post of managing director of the IMF," Arabi told reporters after talks with Lagarde in Cairo.The French minister said earlier that she was "confident" of her chances of heading the IMF, while declining to comment on her Israeli rival for the post.
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